2024 NPR to CNY Historical Review

YEARLY HIGH

0.0546 CNY

YEARLY LOW

0.0521 CNY

YEARLY AVERAGE

0.0536 CNY

2024 NPR to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0546. Conversely, the yearly low was recorded on October 6, dropping to 0.0521.

This high-to-low spread represents a total annual volatility of 0.0025 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0535 to the December average rate of 0.0536, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0546 was down 1.88% compared to the 2023 peak of 0.0556, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NPR based on timing:

Yearly Peak High 273 CNY

2023 Average 268 CNY

Yearly Trough Low 260 CNY

Transaction Impact: A difference of 12.60 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0544

0.0525

JanuMarcMayJulySeptNove

NPR to CNY Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0539, compared to 0.0533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0539

H2 Avg (Jul–Dec) 0.0533

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0017 CNY (High: 0.0546 / Low: 0.0529). On the other end, December was the most stable month, with a tight range of 0.0006 CNY (High: 0.0539 / Low: 0.0533).

June Spread (Volatile) ±0.0017

December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0542) against the same month in 2023 (average: 0.0524), the exchange rate shifted by +0.0018 (+3.44%).

2024 Avg (March) 0.0542

2023 Avg (March) 0.0524

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0541	0.0528	0.0535
February	0.0544	0.0532	0.0539
March	0.0546	0.0538	0.0542
April	0.0544	0.0532	0.0542
May	0.0545	0.0529	0.0537
June	0.0546	0.0529	0.0540
July	0.0545	0.0534	0.0543
August	0.0541	0.0528	0.0533
September	0.0531	0.0523	0.0528
October	0.0530	0.0521	0.0527
November	0.0539	0.0527	0.0534
December	0.0539	0.0533	0.0536